Walmart’s acquisition of Jet: Winners and Losers

by Tanya Dua

It’s official: After days of speculation, Walmart has officially announced its acquisition of online retailer Jet, completing the biggest deal in U.S. e-commerce startup history. The deal values Jet at $3 billion, with Jet receiving $300 million in Walmart shares over time, in addition to bonuses for Jet executives.Read the full article